NYSE:RIGEnergy Services
Assessing Transocean (RIG) Valuation After Recent Short-Term Share Price Weakness
Transocean (RIG) has quietly drifted lower over the past week, but the bigger story is how this offshore driller’s longer term recovery case stacks up against a still choppy earnings backdrop.
See our latest analysis for Transocean.
At around $3.97 a share, Transocean’s recent 7 day share price return of negative 3.87 percent contrasts with a stronger 90 day share price return of 19.58 percent and a 1 year total shareholder return of 12.46 percent. This suggests momentum has cooled, while the...